First Trust Dow Jones Global Select Dividend Index Fund (NYSEARCA:FGD) Reaches New 1-Year High – Here’s What Happened

First Trust Dow Jones Global Select Dividend Index Fund (NYSEARCA:FGD) shares hit a new 52-week high on Tuesday . The stock traded as high as $36.08 and last traded at $35.8950, with a volume of 111238 shares traded. The stock had previously closed at $36.02.

First Trust Dow Jones Global Select Dividend Index Fund Stock Down 0.5%

The stock has a market capitalization of $1.61 billion, a P/E ratio of 9.79 and a beta of 0.65. The stock’s 50 day moving average price is $34.56 and its 200-day moving average price is $33.50.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in FGD. Equitable Holdings Inc. lifted its position in shares of First Trust Dow Jones Global Select Dividend Index Fund by 0.6% during the fourth quarter. Equitable Holdings Inc. now owns 75,263 shares of the company’s stock valued at $2,278,000 after buying an additional 437 shares during the last quarter. Howe & Rusling Inc. grew its stake in First Trust Dow Jones Global Select Dividend Index Fund by 3.8% during the 4th quarter. Howe & Rusling Inc. now owns 14,552 shares of the company’s stock worth $440,000 after buying an additional 538 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of First Trust Dow Jones Global Select Dividend Index Fund by 3.3% during the second quarter. NewEdge Advisors LLC now owns 20,771 shares of the company’s stock worth $664,000 after acquiring an additional 666 shares during the last quarter. Triumph Capital Management increased its holdings in shares of First Trust Dow Jones Global Select Dividend Index Fund by 2.8% during the second quarter. Triumph Capital Management now owns 33,211 shares of the company’s stock valued at $1,062,000 after acquiring an additional 893 shares in the last quarter. Finally, Raleigh Capital Management Inc. raised its position in shares of First Trust Dow Jones Global Select Dividend Index Fund by 30.2% in the 1st quarter. Raleigh Capital Management Inc. now owns 3,947 shares of the company’s stock valued at $126,000 after purchasing an additional 915 shares during the last quarter.

First Trust Dow Jones Global Select Dividend Index Fund Company Profile

First Trust Dow Jones Global Select Dividend Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones Global Select Dividend Index (the Index). The Index is an indicated annual dividend yield weighted index of 100 stocks selected from the developed market portion of the Dow Jones World Index, subject to certain buffers designed to limit turnover. The Index universe is defined as all component companies of the 24 developed-market country indexes in the Dow Jones Global Indexes family.